Tax

Trump Tax Cuts Deliver $3,200 Relief for Maine Families

Maine taxpayers are set to receive significant relief under President Donald Trump’s newly signed tax and spending package, with residents expected to save an average of $3,204 in 2026. The findings come from a new Tax Foundation report that highlights both immediate savings and long-term economic benefits.

Trump Tax Cuts Hand New Yorkers Nearly $4K Relief

New Yorkers are set to receive major tax relief under President Donald Trump’s newly signed tax and spending law, with residents projected to save an average of $3,935 in 2026. The figures come from a new analysis by the Washington-based Tax Foundation, which estimates broad benefits for households and job creation across the state.

North Carolina Gas Tax High, But Prices Stay Low

Gasoline prices across North Carolina remain stable, mirroring levels from the Fourth of July and the end of 2024. As of Monday, the statewide average for regular unleaded fuel stands at $2.87 per gallon—nearly identical to one month ago and just one cent above New Year’s Eve levels. Despite a high state fuel tax, prices remain more than 25 cents below the national average.

Sweden Scraps ‘Flight Shaming’ Tax Amid Economic Concerns

Sweden’s government has eliminated its aviation tax, marking a major pivot away from its previous “flight shaming” approach.

Canada Drops Tax Against U.S.

Canada announced that it has restarted negotiations with the United States after it suspended its digital tax.

Hawaii Creates ‘Climate Impact’ Tax on Tourists

Hawaii Governor Josh Green, a Democrat, signed a bill that implements a "climate impact" tax on tourists in the state.

Trump and House GOP Push Forward on ‘Big, Beautiful Bill’ Amid Internal Divisions

President Donald Trump met with House Republican leaders and members of the conservative Freedom Caucus on May 21, 2025.

Senate Unanimously Passes ‘No Tax on Tips Act,’ Advancing Trump’s Promise to Protect Service Workers

The U.S. Senate unanimously passed the "No Tax on Tips Act" on May 20, 2025, delivering a significant legislative victory for President Donald Trump’s economic agenda.

Trump’s Tax Plan Delivers Greater Relief to Lower-Income Americans, Analysis Reveals

A recent analysis by Congress’ Joint Committee on Taxation indicates that President Donald Trump's proposed tax plan offers more substantial percentage reductions in tax bills for lower-income Americans compared to high earners.

Trump’s ‘One Big, Beautiful Bill’ Proposes Tax Relief on Tips and Overtime

On May 12, 2025, House Republicans introduced a 389-page tax bill, dubbed the "One Big, Beautiful Bill," aligning with President Donald Trump's campaign promises.

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